Truly, A MUST SEE! Beautiful 2 bed/ 1 bath Adobe home residing on 1 acre lot. Scenery is unbeatable! Vinyl windows, plenty of natural light and spacious layout. Privacy fence surrounding. Hardwood/tile/carpet flooring throughout. Septic/well, spacious yard perfect for outdoor entertainment! Available for Lease to Own Program. Home will need repairs and possible updates but has great potential. Sold in "as-is" condition.
Sales Price $1,814,159.00 Net Operating Income $102,500 Cap Rate 5.65% Lease Type NNN Property Highlights " High volume retail trade area! " Located in a trade are that draws from over 100 miles " Surrounded by National co-tenants " Adjacent to High Performing Walmart and National Retail Home Improvement Store " Excellent secured visibility from N. Riverside Drive " Surrounded by numerous national tenants: CVS; Chili's; Murphy Oil; Title Max; Many More!
Marcus & Millichap is pleased to present the exclusive listing for a McDonald' s located at Silky Road and North Riverside Drive in Espanola, New Mexico. The property consists of 2,671 square feet of building space and sits on 1.77 acres of land. This McDonald' s is a built-to-suit that will be completed by summer 2015. The property is subject to a 20-Year triple net (NNN) ground lease. The base rent is $66,000 with ten percent rental increases every five years. The increases will continue through the eight, five-year tenant renewal options.
Commercial lot with frontage on Riverside Drive (84/285) at a signaled intersection Advantage of high visibility as well as a high traffic count at 26,000 CPD. Formerly a gas station site remediated to NMED's satisfaction. Price below appraisal and as-is and now reduced from $180,000 to $165,000!!!
One of the few privately owned ready for development property tracts in Espanola. Four existing office buildings on site. Three are leased to one tenant. Rental information available. A perfect location for multi-family, assisted living, retail development and/or additional office complex.